Stock Market News
California joins multiple states in $10 million settlement with Robinhood
2023.04.06 13:21
© Reuters. FILE PHOTO: The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company’s IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly
(Reuters) – The California Department of Financial Protection and Innovation (DFPI) said on Thursday it has joined a multi-state settlement with Robinhood (NASDAQ:) Financial LLC, which will pay up to $10.2 million in penalties for operational and technical failures.
